Algeria is a significant trading center and one of the most important countries in North Africa, regarding shipping to Algeria. After Sudan’s disintegration in 2011, it is also the biggest nation in the Mediterranean area. Algiers, the capital and largest city in the nation, is located on the Coastline.
Algeria’s foreign commerce is primarily reliant on energy products (hydrocarbon resources, petroleum, allied products, etc.), which account for more than 90% of the country’s overall exports.
Due to the existence of the Mediterranean Sea, sea shipping accounts for 95 percent of Algerian international commerce. Northern Algeria is known for its fishing, with 35 ports operating as fishing ports and 13 acting as commercial ports for international trade.
Algeria has a total load capacity of 673,000 DWT, with total marine ownership of 1176 DWT (till 2020). This includes oil tankers, bulk carriers, general cargo ships, cargo vessels, and other smaller freight carriers. The overall container port throughput (the annual number of container ships handled) is 1,080,000 TEU.
According to the Economic Complexity Index, Algeria was the number 56 country worldwide in terms of GDP, number 71 in exports, number 62 in imports, number 131 in GDP per capita, and the number 112 most complicated economy in the world in 2020.
Algeria’s biggest exports are petroleum gas, crude, and refined petroleum, fertilizers, and ammonium, which are mostly shipped to Italy, France, Spain, China, and South Korea.
Wheat, Concentrated Milk, Medical supplies, Corn, and Raw Sugar are Algeria’s leading imports, with China, France, Spain, Italy, and Germany accounting for the majority of them.